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While the plaintiffs claim that it would be “premature” to calculate damage inflicted by Tether and Bitfinex, they have estimated that the defendant’s liability likely surpasses a whopping $1.4 trillion.
Tier Mobility raised US$60m in Series B funding round led by Mubadala Capital and Goodwater Capital, with participation from AXA Germany, Evli Growth Partners, White Star Capital, Point9 and Nico Rosberg.
India’s largest budget lodging startup Oyo Hotels and Homes said today it plans to raise about $1.5 billion as part of a new financing round as the startup looks to expand its footprints in the U.S. and Europe.
Intercontinental Exchange has completed the first block trade of Bakkt Bitcoin futures contracts which was executed between digital assets merchant bank Galaxy Digital and crypto investment firm XBTO.
Microsoft is creating a new version of Windows 10, designed exclusively for dual-screen and foldable devices. Windows 10X, also known by codename “Santorini,” is an ambitious effort to redesign Windows 10 for devices that don’t even exist yet.
Taboola and Outbrain are finally coming together in a cash-equity deal under the Taboola brand. The deal, announced today, will give Outbrain’s shareholders $250 million along with 30% ownership in Taboola.
Microsoft unveiled its next generation of Surface devices including the dual-screen Surface Neo tablet and the Microsoft Surface Duo, a smaller device that seems to be for all intents and purposes a new Microsoft foldable phone.
Telegram has conducted the world’s largest initial coin offering back in early 2018, netting a whopping 1.7B from a batch of accredited investors. TON Blockchain is supposed to be launch by Oct. 31. Otherwise, it will have to refund its investors.
Samsung has ended mobile telephone production in China hurt by competition from domestic rivals in the world’s biggest smartphone market.The shutdown of last China phone factory comes after it cut production in the last two factories.
Charles Schwab will be eliminating its online trading commissions for U.S. stocks, ETFs starting on October 7. The move slashed Schwab stock by 9.7%.